Department of Labor filing

KINGS OIL TOOLS, INC.

KINGS OIL TOOLS, INC. 401(K) PROFIT SHARING PLAN · For the plan year ended Oct 31, 2025

Public filing 2024 · received Mar 11, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

20filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,108

Reported employer contributions per active participant.

Higher than about 16% of comparable plans

#People in the filing

219

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$278 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 28% of comparable plans

↗Investment performance

Not available

Plan assets changed 16.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202420out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions16th percentileTypical peer $2,293 · based on 622 comparable plans

Lower reported administrative expense28th percentileTypical peer $193 · based on 639 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Oct 31, 2025, KINGS OIL TOOLS, INC. reported $242,549 in employer contributions across the plan and 219 active participants. That works out to $1,108 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy82%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 17.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 77.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context20/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $242,549
Participant contributions: $1,060,517
Other contributions: $0
Employer share of reported contributions: 18.6%
Beginning assets: $10,820,776
Ending assets: $12,557,132
Ending net assets: $12,489,956
Ending liabilities: $67,176
Total income: $3,206,929
Total expenses: $1,440,538
Administrative expenses: $66,945
Participant loans: $526,154

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$945

2023

$1,115

2024

$1,108

Plan-paid administrative expenses per participant

2022

$157

2023

$200

2024

$278

Active participants

2022

251

2023

216

2024

219

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,108	219	12.6M	20260311124507NAL0005271681001
2023	$1,115	216	10.8M	20250317163840NAL0001865089001
2022	$945	251	9.1M	20240403120553NAL0014063953001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 4.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 942850782-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Nov 1, 1997
Industry: Industry group 333
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
EMPOWER ANNUITY INSURANCE COMPANY	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20260311124507NAL0005271681001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗